Tag: ubs

The Role Of Swiss Banks In The 1MDB Scandal

The Role Of Swiss Banks In The 1MDB Scandal

The Role Of Swiss Banks In The 1MDB Scandal by Matthew Allen, SwissInfo.ch The ongoing global investigation into the 1MDB corruption case raises the question whether Swiss banks have cleaned up their acts. The enquiry estimates that some $4 billion […]

UBS & Falcon banks censured in 1MDB probe

UBS & Falcon banks censured in 1MDB probe

UBS & Falcon banks censured in 1MDB probe Matthew Allen Jul 21, 2016 – 09:31 The Singaporean authorities have uncovered serious lapses in anti-money laundering controls at UBS and Falcon banks, in relation to the unfolding 1MDB Malaysian sovereign wealth […]

UBS Plays Down Chances Of Britain Leaving EU

UBS Plays Down Chances Of Britain Leaving EU

UBS Plays Down Chances Of Britain Leaving EU by Matthew Allen, Zurich – swissinfo.ch Britain has about a 30% chance of exiting the European Union when its citizens vote on June 23, according to economists at Switzerland’s largest bank UBS. […]

Executive Pay Rises Despite Law Change

Executive Pay Rises Despite Law Change

Executive Pay Rises Despite Law Change by Matthew Allen, swissinfo.ch The day after it announced 2,000 more job cuts, Credit Suisse revealed that it paid its newest chief executive, Tidjane Thiam, some CHF4.6 million ($4.7 million) for six months of […]